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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Maurice Winn who wrote (70496)10/10/2008 12:11:11 AM
From: marek_wojna2 Recommendations  Read Replies (1) of 74559
 
<<There will be recoveries all over the place after the market clearing. Dow 16,000 will be here before you know it. Notice how the stock market is relatively unaffected by the financial sector shambles [Dow down from 13,000 or so to 11,000 is no big deal].>>

I'm afraid our leaders are reading and implementing Karl Marks "Das Kapital", Maurice. Despite ban on short selling of certain stocks sell off continue. I'm afraid the present generation have no more stomach for the rallies and busts what leave us with the perspective of the governments as the major shareholders. Reminds me the history of preventing the natural fires in Yellowstone Park. When the finally BIG one hit everything was destroyed. Who knows what will be left out of the free markets after all the interventions by the CB's. They should let the free forces of the markets work long time ago when LTCM was in trouble. But we had Greensputin as man in charge to prevent the nature to take the course. I have no doubt there will be rebounds but potential buyers will have to keep in mind that unlike gold which is easy to check the weight we will never know how many billions of shares CB's are holding. Good luck.

Marek
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